The Refinancing Loan as a Compromise Factor Between Costs Widening and the Insuring of the Financial Stability of Individuals
The refinancing loan has represented until recently, for individuals, a complicated, expensive and risky way to finance current financial needs. Until the outbreak of the economic and financial crisis, banks were offering more credit alternatives, refinancing being relatively sidelined in the loan portfolio both for businesses and individuals. The deepening and the continuation of the crisis, plus a slight increase in the rate of overdue and doubtful loans, have determined the banking environment to look for other ways to slow down this phenomenon. Promoting refinancing loan, not only at the inter-banking level, but also in relations with non-bank customers, may be a way of recovery, in this context many persons being unable to pay outstanding rates.
Year of publication: |
2011
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Authors: | Octav, Neguriþã |
Published in: |
Ovidius University Annals, Economic Sciences Series. - Facultatea de Ştiinţe Economice, ISSN 1582-9383. - Vol. XI.2011, 1, p. 1502-1506
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Publisher: |
Facultatea de Ştiinţe Economice |
Subject: | refinancing | conditions | warranties | fees | rules |
Saved in:
freely available
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